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Based on data from the German Socio-Economic Panel (SOEP), both income inequality and poverty are considered for … the crisis - in 2009 - inequality dropped, and it increased afterwards. Poverty was not affected very much by economic …
Persistent link: https://www.econbiz.de/10010286914
macroeconomics and income inequality on the other hand. For this purpose, several estimation equations are derived by econometric …; afterwards, these connections are used to produce a nexus between German income inequality and the stated macroeconomic variables … unemployment rates. While the measured income inequality is upwards directly (exogenously) driven by demographic ageing, the …
Persistent link: https://www.econbiz.de/10010290732
Based on data from the German Socio-Economic Panel (SOEP), both income inequality and poverty are considered for … the crisis - in 2009 - inequality dropped, and it increased afterwards. Poverty was not affected very much by economic …
Persistent link: https://www.econbiz.de/10011128947
macroeconomics and income inequality on the other hand. For this purpose, several estimation equations are derived by econometric … unemployment rates. While the measured income inequality is upwards directly (exogenously) driven by demographic ageing, the … correlated with income inequality, and regarding economic growth a (slightly) concave effect upon income inequality has been …
Persistent link: https://www.econbiz.de/10011128974
This paper explores whether more generous social spending polices in fact lead to less income inequality, or if … with regard to inequality levels, I apply the System GMM estimator and use the presumably random incidence of certain … reduces inequality levels. The result is robust with respect to the instrument count and different data restrictions. Looking …
Persistent link: https://www.econbiz.de/10011600978
This paper explores whether more generous social spending polices in fact lead to less income inequality, or if … with regard to inequality levels, I apply the System GMM estimator and use the presumably random incidence of certain … reduces inequality levels. The result is robust with respect to the instrument count and different data restrictions. Looking …
Persistent link: https://www.econbiz.de/10008740509
The correct prediction of how alternative states of the world affect our lives is a cornerstone of economics. We study how accurate people are in predicting their future well-being when facing major life events. Based on individual panel data, we compare people's forecast of their life...
Persistent link: https://www.econbiz.de/10011335342
A common assumption in the optimal taxation literature is that the social planner maximizes a welfarist social welfare function with weights decreasing with income. However, high transfer withdrawal rates in many countries imply very low weights for the working poor in practice. We reconcile...
Persistent link: https://www.econbiz.de/10011795302
the aggregate level, the main driver is equally income polarization, whereas the standard measure of inequality, the Gini …
Persistent link: https://www.econbiz.de/10012173603
We study the effect of real versus nominal income on life satisfaction. According to economic theory real income, i.e., nominal income adjusted for purchasing power, should be the relevant source of life satisfaction. Previous work, however, has only studied the impact of nominal income. We use...
Persistent link: https://www.econbiz.de/10010314763